Arnold & Porter Kaye Scholer Advises American Securities in $875 Million Sale of SeaStar Solutions to Dometic Group
Arnold & Porter advised longtime private equity client American Securities in the sale of SeaStar Solutions, a global provider of technology and system integration for the marine industry, to Swedish manufacturer Dometic Group for a cash purchase price of $875 million. The transaction is expected to close in late 2017 and is subject to customary closing conditions and regulatory approvals.
The Arnold & Porter team was led by Corporate and Finance partners Mel Cherney and Tom Yadlon, with support from counsels Marci Settle and Peter Danias, and associates Danielle Rosato, Sarah Wilhelm, and Jessica Wilkins. The team also included partners Laurie Abramowitz, Sheryl Gittlitz, Jeffrey London, Thomas Magnani, and Peggy Otum; senior counsel Glenn Pogust; counsel Lauretta Moran; and associates Jimmy Chen, Connie Ericson, Roxanne Mintz, Gus Weinkam, and Brian Witkowski.